 | |
Residential Care Fees and Charges - from March 20th 2008
Description
|
Rates
(from 1 Jan 2008)
|
Rates
for existing
residents
from 20/3/2008
|
Rates
for
post 2008 reform
residents ####
|
|
|
Maximum
Basic Daily Fee
|
 |
|
|
|
- all respite residents (pensioners and non-pensioners) |
up
to $31.52
|
up
to $32.05
|
up
to $32.05
|
|
- other residents who receive a full or part means-tested
Australian pension ## |
up
to $31.52
|
up
to $32.05
|
up
to $32.05
|
|
- other non-pensioner residents ### |
up
to $39.28
|
up
to $39.94
|
up
to $32.05
|
|
Residents who were receiving care in a hostel on 30 September
1997 and who are NOT currently at a home that was a nursing
home before 1 October 1997. |
|
|
|
|
- residents receiving full or part means-tested Australian
pension## |
up
to $30.72
|
up
to $31.25
|
$31.25
|
|
- non-pensioners### |
up
to $38.48
|
up
to $39.14
|
$31.25
|
Residents
who are currently receiving care in the same 'hostel' where
they were living on 30 September 1997 and who are paying
'grandparented' variable fees
|
|
|
Maximum
Daily Income-Tested Fee:
|
|
|
|
| -
residents receiving a full means-tested Australian pension |
N/A
|
N/A
|
N/A
|
| -
residents receiving a part means-tested Australian pension |
|
|
|
| may
be asked to pay |
up
to $24.26
|
up
to $24.66
|
up
to $24.66
|
| -
non-pensioner residents |
|
|
|
may
be asked to pay
|
up
to $55.28
|
up
to $56.21
|
up
to $56.57
|
|
|
|
|
Pensioner
allowable limit for accommodation bonds:
|
|
|
|
| The
non-pensioner rate of basic daily care fee (above) may apply
for pensioner residents whose accommodation bond is over
this amount |
$135,000
|
$137,500
|
N/A
|
Minimum
assets a person must be left with when calculating the maximum
Accommodation Bond
|
$33,500
|
$34,500
|
$34,500
|
|
|
|
|
Asset
cutoff level
|
|
|
|
| -
for fully supported * resident status |
N/A
|
N/A
|
$34,500
|
| -
for partially supported * resident status |
N/A
|
N/A
|
$90,410.40
|
| -
for concessional * resident status |
$33,500
|
$34,500
|
N/A
|
-
for assisted * resident status
|
$54,000
|
$55,000
|
N/A
|
Maximum
permissible interest rate
for Accommodation Payment agreements entered into |
From
1 January 2008 to 31 March 2008
|
20-31
March/1 April -30 June 2008
|
20-31
March/1 April -30 June 2008
|
-
Accommodation Bond
|
11.15%
|
11.15%
or 11.69%
|
11.15%
or 11.69%
|
#
Residents in designated remote areas may be asked to pay an additional
$1.06 per day
## 'Pensioner' maximum rate also applies to blind pensioners
& non-pensioner residents who have a dependent child
### 'Non-pensioner' maximum rate also may apply for
pre 20 March 2008 pensioners who agree to pay a bond above the
'pensioner allowable limit'
#### Including pre 20 March 2008 residents who leave
permanent care for more than 28 days.
Age
pension rates
|
|
|
|
| Age
pension per fortnight (maximum basic rate) |
$519.20
|
$528.00
|
$528.00
|
| Age
pension per fortnight (maximum basic rate + GST supplement) |
$537.70
|
$546.80
|
$546.80
|
| Description
|
Rates
(from 1 Jan 2008)
|
Rates
for existing
residents
from 20/3/2008
|
Rates
for
post 2008 reform
residents
|
|
|
Asset
cutoff level
|
|
|
|
| -
for fully supported resident status |
N/A
|
N/A
|
$34,500
|
| -
for partially supported resident status |
N/A
|
N/A
|
$90,410.40
|
| -
for concessional resident status |
$33,500
|
$34,500
|
N/A
|
-
for assisted resident status
|
$54,000
|
$55,000
|
N/A
|
Maximum permissible interest
rate
- for Accommodation Payment agreements entered into |
From
1 Jan 2008
|
From
20 Mar 2008
|
From
20 Mar 2008
|
|
- Accommodation Charge |
7%
|
8%
|
8%
|
Maximum
Accommodation Charge for new entrants to your home* 20
March 2008 - 30 June 2008
|
Rates
for post 2008 reform residents
|
| -
for concessional residents and charge exempt residents |
N/A
|
| -
for fully supported residents |
N/A
|
Residents
who first entered residential aged care from 20/3/2008
#
|
|
|
. non-supported residents, if their assets at entry are
at least $90,410.40 |
|
|
-that are not in receipt of a means-tested Australian pension |
$26.88
|
|
-that are in receipt of a means-tested Australian pension |
$19.56
|
|
. supported residents, if their assets at entry are equal
to or less than $90,410.40 |
calculated
amount ##
|
Maximum
Accommodation Charge for pre 20 March 2008 residents who
enter your home* during the period 20 March 2008 - 30
June 2008
|
Rates
(from 20 March 2008)
|
| -
for concessional residents and charge exempt residents |
N/A
|
Residents
who first entered residential aged care from 1/7/2004
|
|
|
. assisted residents, if their assets at entry are at least
$53,353 |
$10.33
|
|
. assisted residents, if their assets at entry are less
than $53,353 |
calculated
amount**
|
|
. other residents, if their assets at entry are at least
$67,460 |
$18.06
|
|
. other residents, if their assets at entry are less than
$67,460 |
calculated
amount**
|
Residents
who first entered residential aged care before
1/7/2004 ###
|
|
|
. assisted residents, if their assets at entry are at least
$48,900 |
$7.89
|
|
. assisted residents, if their assets at entry are less
than $48,900 |
calculated
amount**
|
|
. other residents, if assets at entry are at least $63,262 |
$15.76
|
|
. other residents, if assets at entry are less than $63,262 |
calculated
amount**
|
#
Including pre 20 March 2008 who leave permanent residential aged
care for more than 28 days.
## As advised by the Department of Health and Ageing.
### Accommodation charge limited to a maximum period
of five years and is fixed at date of entry.
* From 20 March 2008, accommodation charges are capped, even if
a resident moves from one home to another, provided that there
is not a break in care of more than 28 days (excluding leave).
|
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